Fusion Finance Limited

NSE: FUSION · Microfinance Institutions · sector

₹137.09NSE close 2026-10-26

Key numbers

Market cap₹2,215 cr

Price₹137.09

52w high / low₹243 / ₹136

P/E13.3xSector median 11.6x

P/B0.9xSector median 0.9x

Book value₹152.0

Dividend yield–

ROE8.2%Sector median 8.9%

ROA2.03%Sector median 2.03%

Gross NPA–

Net NPA–

CET1–

Sales growth 3y-0.8%Sector median +8.1%

Profit growth 3y-67.0%Sector median -2.0%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 5 companies in Microfinance Institutions (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

No promoter shares are pledged.
Promoter holding fell by 3.19 percentage points in a year, to 51.76% (2026-09-30).
Net loss in 5 of the last 8 quarters.
Total income was higher than a year earlier in 1 of the last 4 quarters.
No dividend in the last 4 financial years.
Price ₹137.09 on 2026-10-26: -43.6% from the 52-week high, +0.4% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹275.90 · low ₹135.26

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total income	692	474	466	434	416	416	424	458
Net interest income	692	474	466	434	416	416	424	458
Other income	12	9	10	11	17	8	6	0
Net profit	-305	-719	-165	-92	-22	14	114	62
EPS (₹)	-30.31	-71.46	-14.97	-7.44	-1.69	1.05	7.06	3.86
Revenue YoY					-39.9%	-12.1%	-9.0%	+5.5%
Profit YoY					–	–	–	–

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	1,742	2,317	2,320	1,699	1,714
Net profit	387	505	-1,225	14	169
EPS (₹)	43.29	50.30	-111.41	1.01	10.28
Revenue growth		+33.0%	+0.1%	-26.8%	-17.0%
Profit growth		+30.5%	-342.3%	–	–
Dividend / share (₹)	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-0.8%	–	-17.0%
Net profit	-67.0%	–	–
EPS	-71.4%	–	–
Share price	–	-15.2% (2y)	-20.9%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	2,322	2,848	1,643	2,456
Borrowings	6,037	8,361	6,203	5,211
Cash & equivalents	1,065	1,553	853	2,005
Total assets	9,364	11,774	8,293	8,295
Fixed assets	21	31	25	25
Capital work in progress	0	–	–	–
Inventory	0	0	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	-1,663	-1,350	1,448	1,146
Cash from investing	18	31	74	12
Cash from financing	1,584	1,843	-2,214	-67
Capex	8	19	10	18
Free cash flow	-1,671	-1,370	1,437	1,128

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	16.7%	17.7%	-74.5%	0.6%

Shareholding

Holder	% (2026-09-30)
Promoters	51.76%
FIIs	5.29%
DIIs	15.10%
of which Mutual funds	11.27%
of which Insurance	2.07%
Public (non-institutions)	27.03%

Quarter	Mar 2025	May 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	57.71%	55.20%	55.01%	54.95%	54.92%	54.55%	53.96%	51.76%

Promoter group	%
Honey Rose Investment Ltd	35.02%
Creation Investments Fusion, Llc	8.65%
Creation Investments Fusion Ii, Llc	8.09%
Creation Investments Social Venture Fund III, L.P.	0.00%
Creation Investments Social Venture Fund IV, L.P.	0.00%
Warburg Pincus Financial Sector (Cayman), L.P.	0.00%

Public holders above 1%	%
HDFC Mutual Fund - HDFC Banking and Financial Services Fund	3.83%
India Capital Fund Limited	2.77%
Nippon Life India Trustee Ltd-a/c Nippon India Value Fund	2.57%
Aditya Birla SUN Life Mutual Fund - Aditya Birla SUN Life Small CAP Fund	1.25%
Bandhan Financial Services Fund	1.08%

67,433 shareholders. Pledged: 0.00% of promoter shares.

Peers in Microfinance Institutions

Company	Market cap	P/E	P/B	ROE	ROA	Gross NPA	Sales 3y	Div yield
CREDITACC	₹15,986 cr	13.2x	2.0x	16.4%	3.79%	–	+19.6%	–
MUTHOOTMF	₹2,447 cr	10.0x	0.9x	8.9%	1.93%	–	–	–
SATIN	₹2,419 cr	6.4x	0.8x	12.7%	2.88%	–	+17.0%	–
FUSION	₹2,215 cr	13.3x	0.9x	8.2%	2.03%	–	-0.8%	–
SPANDANA	₹1,461 cr	–	0.7x	-11.6%	-4.52%	–	-12.0%	–

All 5 companies in Microfinance Institutions →

Dividends & corporate actions

Ex-date	Action	Detail
2025-04-04	Rights	Rights 55:91 @ Premium Rs 121/-

Documents

Links go to the original files on the exchange website.

About the company

Financial Service: Loan related activities


Sector	Financial Services
Industry	Microfinance Institutions
Sub-industry	Microfinance Institutions
Symbol	FUSION
BSE code	543652
ISIN	INE139R01012
Face value	₹10.0
Incorporated	1994-09-05
Website	www.fusionfin.com
Plants (India / abroad)	0 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.